ACE head and shoulder formation!Stock has formed head and shoulder pattern and is hovering near the neckline level. If stock breaks above 350 and sustains then the momentum would continue.
ACE trade ideas
ACE Daily Chart H&S Continuations Pattern ACE Posted Good Quarter Result. Stock Forming good H&S Continuations Pattern. If Breakout Come we can see good upside.
target - 420 (approx - 30 -35%)looks strong
near ath levels
can give a strong cup and handle breakout above the resistance trendline to give new ath
CUP AND HANDLE BREAKOUT.EXPLAINED IN CHART.
CHART LOOKING GREAT.
TRADE WITH YOUR OWN RISK.
Note: Not to be taken as tip/advice....just for knowledge .
ACENSE:ACE
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
YR 2022 Idea #173: Long on ACE This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
ACE Cup and Handle Bullish pattern breakoutACE Analysis
Fundamentals : Strong, Consistently increase in Sales, Profits and Reserves, DIIs, FIIs holding increasing.
Technicals : Given cup and handle breakout, riding 52 weeks high!
R 1: 360
R 2: 395
R 3: 440
SL : 265
action constructiondebt free
profit increasing since march 2021
technically strong
PE wise not costly
mainly income from crane..dont know how it will be profitable in future
Action Construct BullishAction construct seems Bullish
concentrate if price sustain above 330 in 4hrs
ACE - Ichimoku Bullish Breakout Stock Name - Action Construction Equipment Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 330
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Action Construction Equip : +67% Upside PotentialLevels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
ACE TARGET 449ACE in monthly and weekly cups with handle breakout. Very good retracement. If it opens above 327 and sustains daily it will reach 449. Stop loss 274
Action Construction Equipment LimitedCup and Handle breakout pattern in Action Construction Equipment Limited with high volume
Great Breakout in Action construct in Daily, Weekly and MonthlyGreat break out on daily, weekly and monthly charts time frame don't miss it out
ACE , Clear Triangular Breakout With All Indicators Bullish..ACE , Clear Triangular Breakout With All Indicators Bullish.. NSE:ACE
Verdict ::
Volume Higher
RSI Positive
MACD Bullish Crossover
Schotastic Bullish Crossover
Sentiment Strong Buy
Target 320
SL 290
#ACE : Breakout Candidate#ACE pattern Breakout can happen soon
watchout for the Breakout & Keep eyes on Volumes
RSI gaining Strength
ACE SHORT TERM TRADECmp -295
Sl- 265
Target -350+
Good volumes breakout retest done weekly heading upwards at perfect entry....
Diwali Picks: ACEDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ACE
Long-Term Investment: ACE
Action Construction Equipment, it is in bullish modeSaw it a bit late but the setup looks good...keeping 290 as stop loss on weekly scale one can look for target around 375..its a cup and handle that has broken out
Action construction Equipment, BO candidate! keep an eye!!Action construction equipment, good move through out the month close above 253.60 will open gate for 291.75 - ATH. Stock is giving a BO on the trendline on monthly chart.The up move needs to be supported by volume, which currently is not that huge. Keep an eye on monthly closing with good volume
Disc : Holding from lower levels, its my LT investment, potential multibagger!! DYOR. Chart for education purpose only, not a reco to buy or sell!
NSE : Ace - Action Construction Equipment Limited( Educational post )
Ace constructions recently breaking out its monthly flag patterns which may be a good sign for upcoming months.
Study this stock which may generate good return in coming months.
Market Cap
₹ 3,016 Cr.
Current Price
₹ 253
High / Low
₹ 292 / 175
Stock P/E
23.3
Book Value
₹ 63.3
Dividend Yield
0.24 %
ROCE
22.5 %
ROE
16.4 %
Face Value
₹ 2.00
PROS-
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 50.6% CAGR over last 5 years
CONS-
Promoter holding has decreased over last 3 years: -3.23%
Must discuss with your financial advisor before investing into any stocks.
ACE - Retest DoneA retest at the line of least resistance with a double bottom.
The stock is all set to make new highs.
ACEmaking pole and flag on monthly chart. Buy current price or wait till 160. Looking good on chart.
